Mefcom Capital Markets Ltd Stock Hits 52-Week Low at Rs.11.45

Stock Performance and Market Context

On 17 Feb 2026, Mefcom Capital Markets Ltd’s share price dropped to Rs.11.45, the lowest level recorded in the past year. This decline comes after three consecutive days of losses, during which the stock has fallen by 9.4%. The day’s performance saw the stock underperform its Capital Markets sector by 3.02%, continuing a trend of relative weakness.

The stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained bearish momentum. This technical positioning suggests that the stock remains under pressure from a market perspective.

In contrast, the broader market has shown resilience. The Sensex, after a flat opening with a minor dip of 79.48 points, climbed 253.29 points to close at 83,450.96, a gain of 0.21%. The benchmark index remains within 3.25% of its 52-week high of 86,159.02, supported by strong performances from mega-cap stocks. Despite this, Mefcom Capital Markets Ltd has lagged significantly behind, with a one-year return of -26.52% compared to the Sensex’s positive 9.81%.

Financial Metrics and Fundamental Assessment

The company’s financial results have contributed to the stock’s subdued performance. The latest six-month period ended with a net loss after tax (PAT) of Rs. -2.42 crore, representing a decline of 72.25% compared to previous periods. Quarterly net sales have also fallen by 19.5% to Rs. 26.04 crore, indicating contraction in revenue streams.

Operating profit trends have been notably negative, with an annualised decline rate of 178.60%. This deterioration in profitability has weakened the company’s long-term fundamental strength, as reflected in its current Mojo Score of 3.0 and a Mojo Grade of Strong Sell. This grade was downgraded from Sell on 17 Mar 2025, highlighting a worsening outlook from a financial health perspective.

The company’s EBITDA remains negative, further underscoring the challenges in generating operational cash flow. Over the past year, profits have fallen by 148.7%, a stark contrast to the broader market’s recovery and growth trends.

Comparative Performance and Valuation Concerns

Over the last three years, Mefcom Capital Markets Ltd has consistently underperformed the BSE500 index, reflecting persistent challenges in maintaining competitive returns. The stock’s market capitalisation grade stands at 4, indicating a relatively modest size within its sector.

Its current valuation is considered risky relative to historical averages, with the stock’s negative returns and deteriorating profit margins contributing to this assessment. The 52-week high price of Rs.19.99 contrasts sharply with the current low, emphasising the extent of the decline over the past year.

Promoters remain the majority shareholders, maintaining control over the company’s strategic direction. However, the financial metrics and market performance suggest that the company is navigating a difficult phase within the capital markets sector.

Summary of Key Metrics

The stock’s day change today was -2.88%, adding to the recent downward pressure. The company’s operating losses and weak long-term growth trajectory have been central to its current valuation challenges. The negative EBITDA and declining sales figures further compound the concerns around financial stability.

Despite the broader market’s positive momentum, Mefcom Capital Markets Ltd’s share price continues to reflect the impact of its financial performance and sector-specific pressures. The stock’s current position below all major moving averages indicates that the market sentiment remains cautious.

Overall, the stock’s fall to Rs.11.45 marks a significant milestone in its recent performance, underscoring the challenges faced by the company within the capital markets industry.

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